Thursday, January 9, 2025

BANKING

In January, the Reserve Bank of India accepted almost 77% of the notified amount in buyback auctions of government securities. Banks bid aggressively due to deficit liquidity in the banking system. The auctions received bids worth ₹45,710.2 crore for a notified amount of ₹25,000 crore. The RBI accepted ₹19,217.5 crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/h62v4Ry
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